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NM - Sorroco County,1904-1907 - Dividend Mining and Milling Company Stocks - Fenske Collection

Currency:USD Category:Collectibles / Western Americana Start Price:12.00 USD Estimated At:25.00 - 75.00 USD
NM - Sorroco County,1904-1907 - Dividend Mining and Milling Company Stocks - Fenske Collection
Session D is a Mail-Bid Only Auction. Absentee bids will be accepted only. No live bidding will be allowed. All winners will be contacted after the auction. BIDDING ENDS MONDAY JUNE 27 AT 5PM PACIFIC TIME!!!
Lot of 4. Preferred and common stock certificates. Vignette of eagle on rock with industry far off in distance. All signed by president James B. Austin and secretary, Benji F. Coburn. Black border, light tan background. Located near Estey. The company claimed they had good sulfide ores showing good value in copper, with some gold and silver values. Weed states The company’s advertising was indefensible and their statement that ‘there has been no such opportunity for investment since the Calumet and Hecla and United Verde were first put on the market leads to the conclusion that the promoters of the company were sadly lacking either in sense or truth. At last account they were endeavoring to settle with bondholders by giving them the company [Ref: Sherman, 1975 p. 81; Weed, 1916, p. 440]. U/C. Fine